Paul Krugman was lamenting a few weeks ago, that Arizona sen. John Mc Cain was treated like a Saint by the media: meanwhile, some other NYT people were doing their job, working at the de-sanctification. After having turned his presumed love affair with a lobbyist in his favour at least in the short period, coagulated the GOP (the enemy of my enemy..) and collected more money, the heavily lobbyists– backed (1) warrior shows off in an Indiana speech.

John McCain’s claim, his most convincing claim as an agent of change, is that he has been this foe of money and lobbyists and entrenched power and influence in Washington. And today’s story in the Washington Post following up on that showed that lobbyists were not only continuing in their lobbying positions on payrolls, in many cases, in running John McCain’s campaign on a shoe string, but also leading bundlers in raising money. He had three times as many lobbyists bundling donations for him as Hillary Clinton did.

Mc Cain on Friday found himself defending his hiring of several lobbyists for his top campaign staff, including campaign manager Rick Davis, a former lobbyist who represented telecommunications firms, and senior adviser Charlie Black, whose lobbying firm has represented drug companies, automakers, oil companies and defense contractors, among others.

“These people have honorable records, and they’re honorable people, and I’m proud to have them as part of my team,” McCain said Friday.

Ironically, the last time this charge was levied against McCain was in the 2000 campaign, when then-Texas Gov. George W. Bush portrayed McCain as hypocritical for leading the fight for campaign finance reform while raising money from lobbyists with interests before the Senate Commerce Committee, which he chaired.

Last time, not first: 9 years before the Senate Ethics Commission labelled “questionable conduct” John Mc Cain getting money from cracked up Lincoln Savings, during the late 1980s Saving and Loan crisis, induced by Reaganite credit deregulation (very often cited for a deregulation “cause-effect”, basically similar to the ongoingsubprime crisis). Always unlucky John! Not a good credit as a New Deal President …

For “New Deal” and “Subprime”: search the Political Economy category of this blog.

Abandoned Homes by Serrator

CC-BY-SA License

My Tube 4 You

A blog under CC_BY_SA License, ranging from Creative Commons to Commonalism: copigiro-copyleft, depression or recession?, ICT diffusion; Marx, Minsky and political economy; Simone Weil: socialism and spirituality.
This work is licensed under a Creative Commons Attribution-Share Alike 2.5 Italy License.